The World's Hottest Smartphone Company Just Unveiled A Tiny, Dirt Cheap Roku Competitor

Chinese smartphone maker Xiaomi just announced a new $US30 set-top box that’s so tiny you might mistake it for a smartphone power adaptor.

The Mi Box Mini runs on Android and supports Dolby DTS audio and 1080p output to TVs, which means you’ll be able to stream in full HD. It comes with its own Bluetooth remote and is available in a ton of different colour options including red, orange, purple, blue, and yellow.

It’s much smaller than Xiaomi’s previously released streaming device, the Mi Box.

At $US30, Xiaomi’s new Mi Box is cheaper than Google’s Chromecast ($US35) and the Roku Stick ($US50). Despite its small size, it runs on a quad-core processor, which means it should be able handle multiple tasks without getting overwhelmed.

The box will be available for preorder starting Jan. 20, and orders are expected to ship a week later.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at